Dell Technologies Inc.

US$328.53As of Sun 8 Nov 2026, 12:00 UTC

NYSE:DELLTechnology

Country USA

PE (Fwd) •••

TSR 8Y CAGR 40.74%

Div yield 0.77%

ROE —

Computer Hardware

Beta (5Y) 1.44

PE TTM 19.17

TSR TTM 104.92%

Mkt cap US$208.9B

ROIC 29.35%

SE Grade™

Value

Quality

Moat

Consensus

Reference

$416

26.58%

(8.09%)

Hold 8|6|8|3|9

TTM

FYE 31 Jan USD

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

22.65

Revenue$B

35.91

38.15

40.48

43.90

48.11

52.81

57.60

61.25

66.12

70.19

23.89

7.85%

7.67%

13.94

Revenue growth%

0.40

1.59

3.57

3.68

4.19

2.83

4.34

7.20

24.55

4.19

3.20

5.15

Gross margin%

23.51

22.78

22.09

22.63

21.87

19.52

20.93

19.53

17.96

15.43

11.47

19.52

21.40

3.71

Operating margin%

26.99

25.38

27.08

25.31

26.60

28.59

26.84

25.01

23.33

24.45

15.73

25.01

25.99

14.12

Net margin%

27.75

25.41

27.47

27.14

29.29

27.89

28.14

30.99

32.98

32.73

24.34

30.99

28.01

13.69

P/E ratio (avg)x

9.180

9.773

9.476

9.621

10.15

8.797

9.598

10.25

10.81

10.93

6.592

10.25

9.697

28.59

EV/EBITx

40.08

40.12

44.95

45.88

46.48

54.10

57.83

64.66

63.01

64.21

37.63

63.01

50.29

11.02

FCF yield (avg)%

16.91

18.46

19.35

18.93

20.52

21.44

21.87

23.87

22.05

28.35

22.05

20.98

23.63

FCF margin%

12.81

15.55

15.05

16.36

14.30

16.57

18.43

20.64

18.37

19.45

9.63

18.43

16.46

1.736

FCF / Net incomex

1.636

1.695

1.701

1.918

1.781

1.888

2.127

2.037

1.986

1.921

1.037

1.986

1.903

2.07

ROIC%

29.77

32.34

34.33

35.13

32.41

30.65

30.83

30.99

29.48

27.96

20.45

30.65

30.91

25.82

Return on equity%

8.07

9.90

9.15

7.63

7.24

7.49

7.37

6.55

5.87

6.65

23.91

6.65

7.43

9.95

Return on assets%

25.58

28.56

28.37

30.42

32.15

30.14

29.12

27.69

25.60

24.14

10.30

27.69

28.46

EPS$

42.82

44.75

51.45

48.42

53.64

56.10

62.44

64.58

72.71

78.27

31.66

7.85%

7.28%

—

3.67

EPS growth%

28.07

28.78

28.72

27.80

25.29

22.75

20.49

23.12

23.07

21.50

21.43

22.75

24.20

25.65

Bookvalue per sh$

37.14

41.96

46.35

46.63

48.42

56.47

53.43

50.06

51.75

51.29

10.26

1.16%

4.07%

—

13.78

FCF per share$

30.30

32.85

31.91

31.48

35.87

35.21

40.55

40.91

43.40

47.58

29.65

5.82%

6.39%

—

7.43

Dividend per sh$

37.72

35.83

36.61

38.50

43.07

45.19

46.89

54.63

51.17

48.46

7.19

2.38%

2.15%

—

26.81

Div yield (avg)%

3.53

4.45

6.17

6.95

5.91

4.00

5.90

3.70

4.18

2.53

6.43

4.00

4.32

25.82

Payout ratio%

28.92

30.58

29.41

28.36

30.31

32.51

34.96

34.59

33.61

31.25

26.98

33.61

30.92

648.1

Shares (diluted)M

672.2

642.8

625.3

660.9

748.0

734.5

708.0

698.8

667.3

747.1

621.0

(0.03%)

1.09%

24.22

Buyback yield%

31.69

30.63

31.35

33.84

31.07

33.66

33.90

30.96

31.30

17.48

31.30

31.32

1.000

D/E ratiox

2.125

2.205

2.374

2.570

2.380

2.441

2.765

3.018

3.438

3.789

0.626

3.018

2.505

8.890

Enterprise value$B

10.33

9.816

9.853

10.78

9.283

9.096

8.741

8.211

7.152

6.224

49.04

(7.68%)

(4.34%)

45.03

LT debt$B

19.17

17.25

18.12

18.35

19.74

19.07

19.59

20.60

21.28

22.29

29.28

2.46%

1.01%

Peers (US$208.9B)

Cap (US$)

Arista Networks, Inc.

215.8B

45.79x

Sandisk Corporation

118.8B

6.718x

Western Digital…

98.74B

10.24x

Sony Group Corporation

153.6B

—

Capital

TTM

10Y

Leveragex

1.778

0.161

0.146

EBIT/Intx

3.156

0.342

0.346

Own earn%

87.93

(189.96)

(190.10)

Sh yield%

51.03

35.15

36.10

Owners

Insiders/Inst%

13.36

52.25

Short interest%

4.65

SBC / revenue%

4.07

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

23–29

$1 testx

0.4

Incr. ROIC%

Dell Technologies Inc. sells storage solutions, AI-optimized and general-purpose servers, networking products and services via its Infrastructure Solutions Group, and notebooks, desktops, workstations and peripherals via its Client Solutions Group, plus financing. It serves enterprises, government agencies, educational institutions, healthcare organizations, businesses and consumers in the Americas, Europe, the Middle East and Asia.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$70.19B

7.67%

1.00×

Cost of revenue

$36.45B

7.65%

1.00×

Operating expenses

$16.43B

7.94%

1.03×